All Brands Owned by State Farm Mutual Automobile Insurance Company

What does State Farm own?
State Farm operates its insurance and financial services business under the State Farm brand, including auto insurance, home and property insurance, life insurance, health insurance, and financial services. The company does not own separate consumer-facing brands outside the State Farm name. State Farm previously operated State Farm Bank but exited the banking business in 2023, transitioning deposit accounts to U.S. Bank.

Is State Farm publicly traded?
No, State Farm is not publicly traded. As a mutual insurance company, State Farm is owned by its policyholders and does not trade on any stock exchange. The company's financial performance is reported to policyholders rather than public investors.

Who owns State Farm?
State Farm is owned by its policyholders. As a mutual insurance company, there are no external shareholders or parent company. The company is governed by a board of directors elected by policyholders, and profits are retained to strengthen surplus or returned to policyholders through dividends.

Who founded State Farm?
State Farm was founded on June 7, 1922, by George J. Mecherle in Bloomington, Illinois. Mecherle was a retired farmer who created the company to provide affordable auto insurance to rural residents with good driving records.

Where is State Farm headquartered?
State Farm is headquartered in Bloomington, Illinois, USA.

What is State Farm's revenue?
For fiscal year 2025, State Farm reported total revenue of $132.3 billion, up from $123.0 billion in 2024. Net income was $12.9 billion. P/C earned premium was $111.6 billion.

Who is the CEO of State Farm?
Jonathan Adkisson is the Chairman, President, and CEO of State Farm Mutual Automobile Insurance Company.